Basically George Lucas has absolutely ruined and mishandled his entire enterprise. It can only go up.And speaking of Up!, Disney did good with Pixar (admittedly just by being hands off), so maybe good things will come of this.

Ms. Kennedy will serve as executive producer on new Star Wars feature films, with George Lucas serving as creative consultant. Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future.

Disney makes all sort of derivative works from the originals but they don't screw with the master footage except to make it look clear on BluRay. Oh, and they totally suppress things they'd get shiat for, like Song of the South.

flaminio:Ms. Kennedy will serve as executive producer on new Star Wars feature films, with George Lucas serving as creative consultant. Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future.

This is a joke, right? An early April Fools'?

Nope.

"For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next," said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. "It's now time for me to pass Star Wars on to a new generation of filmmakers. I've always believed that Star Wars could live beyond me, and I thought it was important to set up the transition during my lifetime. I'm confident that with Lucasfilm under the leadership of Kathleen Kennedy, and having a new home within the Disney organization, Star Wars will certainly live on and flourish for many generations to come. Disney's reach and experience give Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products."

I'm not seeing this as a disaster. Disney has made some kickass stuff over the years (and yes, some ass stuff too). This has instantly become their #1 franchise and they are going to take it seriously.

The Fett:Only good can come from this. Star Wars resuced from the diseased hand that Lucas has become.

Except for the ridiculously huge stick Disney has up its ass about "copyright infringement"... All of us costumers can pretty much kiss our respective organizations like The Dark Empire, the 501st & the Mandalorian Mercs goodbye

I don't know, you could very well have a Joss Whedon direct a Star Wars movie now that Lucas is (mostly) out of the way. I could actually see this being a good thing. Also remember that most of the good Marvel movies have come out with Disney in charge.